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Payday lender Moola has gone into liquidation after its parent company, NZ Fintech Group, was placed into receivership.
Thomas Rodewald, from Rodewald Consulting, was appointed as receiver of NZ Fintech Group Holdings, following an application from its creditor, US-based Partners for Growth (PFG).
Rodewald said it was obvious there had clearly been issues with the companies for a while.
PFG has called its money in, and called in receivers to sort its position out… We cant really comment on the position of the companies because we are still trying to establish it, Rodewald …
Read the full article at: https://www.stuff.co.nz/business/130678132/payday-lender-moola-in-liquidation